The Central Bank of Kenya (CBK) Monday freed up Sh35.2 billion and made it immediately available to commercial banks to support distressed borrowers as a result of the novel coronavirus (Covid -19).
Kenya’s deal with the US for a Free Trade Agreement is taking shape with United States Trade Representative Robert Lighthizer notifying Congress officially of a plan that is likely to threaten the unity of the East African Community.
Guernsey-incorporated Shanta Gold is set to invest $24 million (Sh2.4 billion) in staffing and gold exploration costs in Kenya after buying seven mining licences covering the Western part of the country from Toronto-based Barrick Gold Corporation.
The National Construction Authority (NCA) is now pushing for legal reforms that will give it prosecutorial powers in a bid to tame rising cases of buildings collapsing in the country.
Earlier this year, tenants of an apartment block in Ruaka, Kiambu County, were pleasantly surprised when their landlord slashed their monthly rent by Sh5,000.
Japanese trading giant Toyota Tsusho Corporation (TTC) saw its net earnings in Africa rise 89.8 percent to Sh10.3 billion in the nine months ended December on the back of increased sales.
The national government is finalising plans to establish another border entry point in Marsabit County in addition to the gazzetted Moyale one-stop border point to facilitate trade and free movement of people between Kenya and Ethiopia.
